Common use of Commission to the Agent Clause in Contracts

Commission to the Agent. 12.1 The Subscriber understands that upon Closing, the Company will pay a commission of up to six percent (6%) of the gross proceeds raised from the Offering, payable in cash. In addition, upon Closing the Company will pay a commission of four percent (4%) of the gross proceeds raised from the Offering in the form of Warrants to the Agent, with the same terms and conditions as the Subscriber Warrants.

Appears in 2 contracts

Samples: Private Placement Subscription Agreement (Eden Energy Corp), Eden Energy Corp

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Commission to the Agent. 12.1 The Subscriber understands that upon Closing, the Company will pay a commission of up to six seven percent (67%) of the gross proceeds raised from the Offering, payable in cash. In addition, upon Closing the Company will pay a commission of four percent (4%) of the gross proceeds raised from the Offering in the form of Warrants to the Agent, with the same terms and conditions as the Subscriber Warrants.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Eden Energy Corp)

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Commission to the Agent. 12.1 The Subscriber understands that upon Closing, the Company will pay a commission of up to six seven percent (67%) of the gross proceeds raised from the Offering, payable in cash. In addition, upon Closing the Company will pay a commission of four percent (4%) of the gross proceeds raised from the Offering in the form of Warrants to the Agent, with the same terms and conditions as the Subscriber Warrants.

Appears in 1 contract

Samples: Eden Energy Corp

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